Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are SHAK, TNA, GBTC, UDOW and SPXL. Visit http://blackberrystocks.com/topstocks2020.html

Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation pulled back on Tuesday to $3.30 support. Hyperdynamics has resistance located between $3.58 - $3.63. I am back on the sidelines and waiting for a pullback below $3. Hyperdynamics is one of my 2011 stock picks.
Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS held $22 on Tuesday and remains a high on my watchlist. The jury is still out on whether or not FAS will break down again or break out. I'd be a buyer of pullbacks below $18.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio went down again Tuesday. Sirius XM Radio continues to have resistance between $1.40-$1.43. Sirius XM Radio is a strong buy on pullbacks below $1.15.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. pulled back on Tuesday after a nice run on Monday. Baidu Inc will have support between $95-$96 but then nothing until about $88.50. Baidu reports earnings on Thursday after the bell.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. pulled back to $41.50 on Monday. Pullbacks below $37 are now a buy until further notice. AIG hit my target of $43-$44 but don't have any major resistance until $45.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade back below $1.00. Ambac stock is now in play but should be traded with caution. Ambac will have resistance at $1.12 as well as $1.34. As long as this stock trades below $1.00, I do not like it.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd appear as though they will be testing $46 soon. Research in Motion reported better than expected earnings last quarter and is under accumulation. Research in Motion remains a strong long term buy below $50.

YRC Worldwide Inc. (YRCW)(YRCWD) - Shares of YRC Worldwide Inc. continue to hold $4.20 after breaking up through it on Monday. YRC Worldwide Inc needs to continue to hold $4.20 or $4.00 will be tested again. YRC Worldwide will probably really surge when the stock breaks $5.00 again.

Netflix, Inc. (NFLX) - Shares of Netflix, Inc. broke $150 on Tuesday. Netflix is basing right here but needs to hold $148-$149 which is support. Netflix still has downside risk to $140-$145 but if it trades down there, it should hold. Netflix is a good short for a trade on a break below $148.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. continue to fail at the the 200 day moving average. Cisco Systems remains strong buy on anything below $21.50. The next major resistance level for Cisco Systems is located at $23.80.

Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. still make my watchlist despite failing to break out recently. Arena Pharmaceuticals has resistance at $1.93 but I'd be buying the stock on a break above $2.00.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group broke some major resistance levels on Tuesday after report better than expected earnings. Goldman Sachs has resistance located at $160 on the upside. Goldman Sachs is now a strong buy below $160.
Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices Inc. are trading back below $7.00. Advanced Micro Devices Inc. is a strong buy below $6.00 if we see a sell off.

Oracle Corp. (ORCL) - Shares of Oracle Corp hit another 52 week high on Tuesday. Oracle does not have any major resistance until $29-$30. Oracle stock continues to be on a hot streak since landing Mark Hurd.

Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. broke down through $38.50 on Monday and are now a short. Las Vegas Sands has resistance on the upside to $40 so this is where I'd keep my stop on the short trade. Las Vegas Sands is trading significantly above all major moving averages and is due for a major correction. We are starting to see this correction on Thursday.

Potash Corp. of Saskatchewan, Inc. (POT) - Shares of Potash Corp. of Saskatchewan, Inc. are trading near $145. Potash Corp will have resistance located at $150 & $160 with support $140. Potash Corp appear to be a great buy near $140 and a sell near $150.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. jumped on Thursday on takeover rumors. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

The Dow Jones Industrial Average closed at10979on 10/19/10, as the stock market tanked because of Bank of America Corp's (BAC) bad mortgage loan practices. The Dow Jones tanked late in the afternoon after news came out that several companies are going to be suing Bank of America.

I didn't do any trading today and remain totally out of the market and in cash. I would like to buy HDY below $3 which tops my watch list.

If you are into stock trading, check out my stocks to watch report for tomorrow.

Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation pulled back on Tuesday to $3.30 support. Hyperdynamics has resistance located between $3.58 - $3.63. I am back on the sidelines and waiting for a pullback below $3. Hyperdynamics is one of my 2011 stock picks.
Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS held $22 on Tuesday and remains a high on my watchlist. The jury is still out on whether or not FAS will break down again or break out. I'd be a buyer of pullbacks below $18.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio went down again Tuesday. Sirius XM Radio continues to have resistance between $1.40-$1.43. Sirius XM Radio is a strong buy on pullbacks below $1.15.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. pulled back on Tuesday after a nice run on Monday. Baidu Inc will have support between $95-$96 but then nothing until about $88.50. Baidu reports earnings on Thursday after the bell.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. pulled back to $41.50 on Monday. Pullbacks below $37 are now a buy until further notice. AIG hit my target of $43-$44 but don't have any major resistance until $45.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade back below $1.00. Ambac stock is now in play but should be traded with caution. Ambac will have resistance at $1.12 as well as $1.34. As long as this stock trades below $1.00, I do not like it.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd appear as though they will be testing $46 soon. Research in Motion reported better than expected earnings last quarter and is under accumulation. Research in Motion remains a strong long term buy below $50.

YRC Worldwide Inc. (YRCW)(YRCWD) - Shares of YRC Worldwide Inc. continue to hold $4.20 after breaking up through it on Monday. YRC Worldwide Inc needs to continue to hold $4.20 or $4.00 will be tested again. YRC Worldwide will probably really surge when the stock breaks $5.00 again.

Netflix, Inc. (NFLX) - Shares of Netflix, Inc. broke $150 on Tuesday. Netflix is basing right here but needs to hold $148-$149 which is support. Netflix still has downside risk to $140-$145 but if it trades down there, it should hold. Netflix is a good short for a trade on a break below $148.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. continue to fail at the the 200 day moving average. Cisco Systems remains strong buy on anything below $21.50. The next major resistance level for Cisco Systems is located at $23.80.

Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. still make my watchlist despite failing to break out recently. Arena Pharmaceuticals has resistance at $1.93 but I'd be buying the stock on a break above $2.00.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group broke some major resistance levels on Tuesday after report better than expected earnings. Goldman Sachs has resistance located at $160 on the upside. Goldman Sachs is now a strong buy below $160.
Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices Inc. are trading back below $7.00. Advanced Micro Devices Inc. is a strong buy below $6.00 if we see a sell off.

Oracle Corp. (ORCL) - Shares of Oracle Corp hit another 52 week high on Tuesday. Oracle does not have any major resistance until $29-$30. Oracle stock continues to be on a hot streak since landing Mark Hurd.

Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. broke down through $38.50 on Monday and are now a short. Las Vegas Sands has resistance on the upside to $40 so this is where I'd keep my stop on the short trade. Las Vegas Sands is trading significantly above all major moving averages and is due for a major correction. We are starting to see this correction on Thursday.

Potash Corp. of Saskatchewan, Inc. (POT) - Shares of Potash Corp. of Saskatchewan, Inc. are trading near $145. Potash Corp will have resistance located at $150 & $160 with support $140. Potash Corp appear to be a great buy near $140 and a sell near $150.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. jumped on Thursday on takeover rumors. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

Ford (NYSE:F) dropped below the 10 day moving average this morning which is bearish in the short term. Ford does not have any major support until $12.38 which is the 50 day moving average. If Ford pulls back to this level, I view it as a strong buying opportunity.

Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation bounced on Monday after breaking through $3.30 on Friday. Hyperdynamics has resistance located between $3.58 - $3.63. I am back on the sidelines and waiting for a pullback. Hyperdynamics is one of my 2011 stock picks.

Rare Element Resources Ltd. (REE) - Shares of Rare Element Resources Ltd. came within striking distance of a new 52 week high on Monday. REE is breaking out once again and could leap above $10 resistance soon.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS jumped on Monday after better than expected earnings out of Citigroup Inc. (C). FAS has been trading in a range between $21-$24 and the next sustainable break out of this range will tell us where the stock is headed next. I'd be a buyer of FAS below $18.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio went down in the morning but rallied back Monday afternoon. Sirius XM Radio continues to have resistance between $1.40-$1.43. Sirius XM Radio is a strong buy on pullbacks below $1.15.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. spiked $6 on Monday and are back near $105. Baidu Inc will have support between $95-$96 but then nothing until about $88.50. Baidu reports earnings on Thursday after the bell.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. rebounded 2% on Monday after the sell off on Friday. Pullbacks below $37 are now a buy until further notice. AIG hit my target of $43-$44 but don't have any major resistance until $45.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back on Monday below $1.00. Ambac stock is now in play but should be traded with caution. Ambac will have resistance at $1.12 as well as $1.34.

Netflix, Inc. (NFLX) - Shares of Netflix, Inc. are trading in a tight range between $150-$156. Netflix is basing right here but needs to hold $148-$149 which is support. Netflix still has downside risk to $140-$145 but if it trades down there, it should hold. Netflix is a good short for a trade on a break below $148.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd are trading back around $48. Research in Motion reported better than expected earnings last quarter and is under accumulation. Research in Motion remains a strong long term buy below $50.

Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. still make my watchlist despite failing to break out recently. Arena Pharmaceuticals has resistance at $1.93 but I'd be buying the stock on a break above $2.00.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group held $150 in early trading on Monday. Goldman Sachs has resistance located at $156.86 on the upside. Goldman Sachs remains a strong long term buy below $145.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. continue to fail at the the 200 day moving average. Cisco Systems remains strong buy on anything below $21.50. The next major resistance level for Cisco Systems is located at $23.80.

Oracle Corp. (ORCL) - Shares of Oracle Corp hit another 52 week high on Monday. Oracle does not have any major resistance until $29-$30. Oracle stock continues to be on a hot streak since landing Mark Hurd.

Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. broke down through $38.50 on Monday and are now a short. Las Vegas Sands has resistance on the upside to $40 so this is where I'd keep my stop on the short trade. Las Vegas Sands is trading significantly above all major moving averages and is due for a major correction.

Potash Corp. of Saskatchewan, Inc. (POT) - Shares of Potash Corp. of Saskatchewan, Inc. are trading near $145. Potash Corp will have resistance located at $150 & $160 with support $140. Potash Corp appear to be a great buy near $140 and a sell near $150.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. jumped on Thursday on takeover rumors. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

Bank of America Corp (BAC) is trading flat today after report worse than expected earnings. Bank of America Corp has support on the downside located at $11.23 as well as $10.53. I expect Bank of America to gain som traction if it can close back above $13 again. Longer term, Bank of America is a solid buy below $12.50.

Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation bounced on Monday after breaking through $3.30 on Friday. Hyperdynamics has resistance located between $3.58 - $3.63. I am back on the sidelines and waiting for a pullback. Hyperdynamics is one of my 2011 stock picks.

Rare Element Resources Ltd. (REE) - Shares of Rare Element Resources Ltd. came within striking distance of a new 52 week high on Monday. REE is breaking out once again and could leap above $10 resistance soon.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS jumped on Monday after better than expected earnings out of Citigroup Inc. (C). FAS has been trading in a range between $21-$24 and the next sustainable break out of this range will tell us where the stock is headed next. I'd be a buyer of FAS below $18.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio went down in the morning but rallied back Monday afternoon. Sirius XM Radio continues to have resistance between $1.40-$1.43. Sirius XM Radio is a strong buy on pullbacks below $1.15.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. spiked $6 on Monday and are back near $105. Baidu Inc will have support between $95-$96 but then nothing until about $88.50. Baidu reports earnings on Thursday after the bell.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. rebounded 2% on Monday after the sell off on Friday. Pullbacks below $37 are now a buy until further notice. AIG hit my target of $43-$44 but don't have any major resistance until $45.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back on Monday below $1.00. Ambac stock is now in play but should be traded with caution. Ambac will have resistance at $1.12 as well as $1.34.

Netflix, Inc. (NFLX) - Shares of Netflix, Inc. are trading in a tight range between $150-$156. Netflix is basing right here but needs to hold $148-$149 which is support. Netflix still has downside risk to $140-$145 but if it trades down there, it should hold. Netflix is a good short for a trade on a break below $148.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd are trading back around $48. Research in Motion reported better than expected earnings last quarter and is under accumulation. Research in Motion remains a strong long term buy below $50.

Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. still make my watchlist despite failing to break out recently. Arena Pharmaceuticals has resistance at $1.93 but I'd be buying the stock on a break above $2.00.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group held $150 in early trading on Monday. Goldman Sachs has resistance located at $156.86 on the upside. Goldman Sachs remains a strong long term buy below $145.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. continue to fail at the the 200 day moving average. Cisco Systems remains strong buy on anything below $21.50. The next major resistance level for Cisco Systems is located at $23.80.

Oracle Corp. (ORCL) - Shares of Oracle Corp hit another 52 week high on Monday. Oracle does not have any major resistance until $29-$30. Oracle stock continues to be on a hot streak since landing Mark Hurd.

Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. broke down through $38.50 on Monday and are now a short. Las Vegas Sands has resistance on the upside to $40 so this is where I'd keep my stop on the short trade. Las Vegas Sands is trading significantly above all major moving averages and is due for a major correction.

Potash Corp. of Saskatchewan, Inc. (POT) - Shares of Potash Corp. of Saskatchewan, Inc. are trading near $145. Potash Corp will have resistance located at $150 & $160 with support $140. Potash Corp appear to be a great buy near $140 and a sell near $150.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. jumped on Thursday on takeover rumors. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd (EXM), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world trade has come to a screeching halt
http://www.dowjonesclose.com/bdi.html

Apple Inc. (AAPL) stock is trading lower today after reporting a solid earnings report but light on margins. Apple Inc reported guidance that was light but this company sandbags on guidance historically. Apple is now trading around $302 which is down about 6% from yesterday's close. The low for Apple was around $292 in after hours last night and is now the new support level. If Apple would close back below $292, I think we'd see a retest of $275. Apple will have resistance on the upside located at $319.

Hyperdynamics Corporation (HDY) - Shares of Hyperdynamics Corporation bounced on Monday after breaking through $3.30 on Friday. Hyperdynamics has resistance located between $3.58 - $3.63. I am back on the sidelines and waiting for a pullback. Hyperdynamics is one of my 2011 stock picks.

Rare Element Resources Ltd. (REE) - Shares of Rare Element Resources Ltd. came within striking distance of a new 52 week high on Monday. REE is breaking out once again and could leap above $10 resistance soon.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS jumped on Monday after better than expected earnings out of Citigroup Inc. (C). FAS has been trading in a range between $21-$24 and the next sustainable break out of this range will tell us where the stock is headed next. I'd be a buyer of FAS below $18.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio went down in the morning but rallied back Monday afternoon. Sirius XM Radio continues to have resistance between $1.40-$1.43. Sirius XM Radio is a strong buy on pullbacks below $1.15.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. spiked $6 on Monday and are back near $105. Baidu Inc will have support between $95-$96 but then nothing until about $88.50. Baidu reports earnings on Thursday after the bell.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. rebounded 2% on Monday after the sell off on Friday. Pullbacks below $37 are now a buy until further notice. AIG hit my target of $43-$44 but don't have any major resistance until $45.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back on Monday below $1.00. Ambac stock is now in play but should be traded with caution. Ambac will have resistance at $1.12 as well as $1.34.

Netflix, Inc. (NFLX) - Shares of Netflix, Inc. are trading in a tight range between $150-$156. Netflix is basing right here but needs to hold $148-$149 which is support. Netflix still has downside risk to $140-$145 but if it trades down there, it should hold. Netflix is a good short for a trade on a break below $148.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd are trading back around $48. Research in Motion reported better than expected earnings last quarter and is under accumulation. Research in Motion remains a strong long term buy below $50.

Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. still make my watchlist despite failing to break out recently. Arena Pharmaceuticals has resistance at $1.93 but I'd be buying the stock on a break above $2.00.

Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group held $150 in early trading on Monday. Goldman Sachs has resistance located at $156.86 on the upside. Goldman Sachs remains a strong long term buy below $145.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. continue to fail at the the 200 day moving average. Cisco Systems remains strong buy on anything below $21.50. The next major resistance level for Cisco Systems is located at $23.80.

Oracle Corp. (ORCL) - Shares of Oracle Corp hit another 52 week high on Monday. Oracle does not have any major resistance until $29-$30. Oracle stock continues to be on a hot streak since landing Mark Hurd.

Las Vegas Sands Corp. (LVS) - Shares of Las Vegas Sands Corp. broke down through $38.50 on Monday and are now a short. Las Vegas Sands has resistance on the upside to $40 so this is where I'd keep my stop on the short trade. Las Vegas Sands is trading significantly above all major moving averages and is due for a major correction.

Potash Corp. of Saskatchewan, Inc. (POT) - Shares of Potash Corp. of Saskatchewan, Inc. are trading near $145. Potash Corp will have resistance located at $150 & $160 with support $140. Potash Corp appear to be a great buy near $140 and a sell near $150.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. jumped on Thursday on takeover rumors. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.